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- INR to hit 24 per UAE dirham? Rupee declines as weaker Chinese yuan hurts Asia FX
- Dubai, Abu Dhabi make it to Top 5 IMD Smart City Index
- Tamkeen plans to train 50,000 Bahrainis in AI by 2030
- Saudi Arabia boosts industrial output with 103 new factories
- Closing Bell: Tadawul climbs 109 points as Gulf bourses rebound
- Saudi Arabia proposes new investment product to boost Nomu listings
- Oil Updates - crude falls to lowest since Feb. 2021 as Trump's tariffs take effect
- Qatar commercial banks' assets total QR2.06 trillion in February
- GE completes first Saudi-led gas turbine maintenance project
- Estithmar Holding QPSC appoints new Group CEO
20/12/2017 09:00 AST
Amiantit signed a share purchase agreement with the Deccan Enterprises Ltd. (India) whereby Amiantit acquires from Deccan the minority shares of Amiantit Rubber Industries Co. Ltd. (ARIL) which operates in the rubber manufacturing industry. Amiantit is purchasing 20% of the shares of ARIL, thereby becoming the sole shareholder of this company, for a total consideration of SAR 1,800,000. The agreed effective date of the transaction is December 31, 2017. Since the consideration paid is lower than the book value of the shares purchased, the expected financial impact of the deal is a net increase in the Group's total shareholders' equity of about SAR 700,000. The deal is self-financed, and Amiantit will pay the agreed consideration amount upon finalization of required legal formalities.
Tadawul
02/01/2018
Amiantit announces that the elected Board of Directors has appointed on 1-1-2018 HH Prince Ahmad Bin Khaled Bin Abdallah Bin AbdulRahman Al Saud as Chairman and HRH Prince Abdulaziz Bin Mohammad Bin
Tadawul
17/09/2017
Saudi Arabian Amiantit Company announces the resignation of H.R.H Prince Turki bin Mohammad bin Fahd bin Abdulaziz Al-Saud as board member and Deputy Chairman (Non-Executive), H.R.H submitted his res
Tadawul
16/03/2015
Saudi Arabian Amiantit Co. announces that it's Ordinary general assembly meeting was not convened due to lack of quorum, which was scheduled to be held on 15-03-2015 Company's head office at the 1st
Tadawul
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| RIYADHCABLES | 117.20 | 3.60 (3.16 |
| ASTRAINDUSTRIAL | 142.00 | 8.80 (6.60 |
| RAOOM | 163.00 | 4.00 (2.51 |
| OBEIKANGLASS | 30.85 | -0.15 (-0.49 |
| BAWAN | 50.80 | 1.20 (2.41 |
09/04/2025
GE Vernova and Saudi Electricity Company (SEC) have announced the successful completion of the first gas turbine outage entirely planned and executed by GE Vernova's Saudi engineers and specialists.
Trade Arabia
09/04/2025
Estithmar Holding announces the resignation of Mohammed bin Bader Al-Sada as the Group Chief Executive Officer. The Board of Directors has appointed Juan Leon as his successor, with full executive au
The Peninsula
09/04/2025
Investcorp Capital, a major player in the private markets and alternative investment sector, has announced that it has completed the sale of its US industrial real estate portfolio for an aggregate
Trade Arabia
08/04/2025
The total assets of commercial banks operating in Qatar saw an increase in February 2025 reaching over QR2 trillion according to official data released by Qatar Central Bank (QCB), yesterday.
The Peninsula
08/04/2025
Sohar International Bank on Monday announced its intention to explore a potential merger with Ahlibank.
In a meeting held by its board of directors, Sohar International resolved to send a le
Muscat Daily
Financial Information Co.
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